Come March 1, we will begin to see how much damage the sequester agreement causes. A recent CNBC column by Larry Kudlow illustrates both the misconceptions and reason for the gridlock on avoiding across-the-board spending cuts of some $85 Billion to the federal budget.
The problem is how to create enough new jobs to generate more demand for goods and services. And only government is in a position to do that at present. Nothing else will generate the growth we need.
The Hunger Games is a riveting portrayal of how the young see the modern world, where a privileged elite has a "Stalin-like" control over who lives in plenty or poverty in a post-apocalyptic North America. The young just coming of age are not far from the truth.
We can't simply tell a young generation that the American Dream is a nightmare for them. We can't have a prosperous economy if the middle class is sinking. We will not long be a democracy if the wealthiest pocket the rewards and check out of building the nation.
WASHINGTON (Reuters, By Emily Kaiser) - In 2007, when the world was on the brink of financial crisis, U.S. income inequality hit its highest mark sin...
It may be hard to believe but there was a time, almost 25 years ago, when Wall Street and Main Street weren't so far apart -- at least when it came to...
Two-thirds of the nation's total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households, and that top 1 percent held a larger s...
Income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression, according to a recently update...
Emmanuel Saez, 36, a public economics expert teaching at the University of California at Berkeley, was awarded the 2009 John Bates Clark Medal last we...